Chapter 5 The London Close Killzone
The London Close Killzone: The Final Countdown
Finally, the London Close Killzone is a specific time frame that can create continuation points for swings that trade well into New York afternoon hours. That means if we’re bullish overall in the day, instead of creating the high of the day in bullish markets, many times, the New York Close Killzone can create a continuation pattern.
The London Close Killzone is the last chance for traders to make their move before the market closes. This period can be particularly profitable for those who can accurately predict the market’s movements.
The Power of the Killzones: Timing is Everything
These periods are not just about the volume of trades but also about the quality of trades. The Killzones are periods of intense market activity where the price action is at its most volatile. This volatility can lead to significant price movements, which can provide traders with the opportunity to make substantial profits.